Press releases

Hero sale of GF business to Dr Schär finalized

Lenzburg, January 11, 2024 – Following the completion of union negotiations and formal transactional procedures, the sale of the Hero Group’s Gluten Free business to Dr. Schär was completed early January.

The sale was announced last August and includes the Hero Group's gluten-free crisp bread factory in Korsnäs, Sweden, and its complement of staff.

Dr. Schär is a global leader in gluten-free nutrition and food for people with special nutritional needs. Dr. Schär has been involved in the gluten-free industry for more than four decades.

The sale of the GF business is part of Hero’s long-term strategy to focus on three main categories – Baby & Toddler Food and Snacks, Healthy Snacks, and Natural Spreads.

 

About Hero Group
The Hero Group is an international food company focused on branded nutritional food products. The company was founded in 1886 in Lenzburg, Switzerland, where its headquarters are still located today. Hero's main product categories of Baby & Toddler Food, Natural Spreads, and Healthy Snacks are complemented by its activities in Baby & Toddler Milk and Specialties. The Group, which lives by its mission to delight consumers by conserving the goodness of nature, boasts a global footprint and its portfolio consists of many well-known international and local brands. In 2023, the Group generated revenues of CHF 1.2 billion. Read more: www.hero-group.ch

 

Media contact
Hero Group

Stephen Chetcuti
+41 (0)79 616 1467

stephen.chetcuti@hero.ch